Uber reported a 14% year-over-year increase in monthly active customers and an 18% spike in trips booked, contributing to a revenue of $12 billion for Q4 2024, up 20% from the previous year. Despite this success, CEO Dara Khosrowshahi has announced a stricter in-office work mandate requiring employees to work three days a week. This policy change reflects the company's commitment to remaining competitive and pursuing excellence in light of the dynamic market environment, shifting from a previous policy of two in-office days.
"Even as the external environment remains dynamic, we're on solid footing, with a clear strategy and big plans. As we head into this next chapter, I want to emphasize that 'good' is not going to be good enough - we need to be great."
"Uber ended 2024 with our strongest quarter ever, as growth accelerated across MAPCs (monthly active platform consumers), trips, and Gross Bookings."
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